September 5, 2017
Swedish outfit Aifloo, which produces a smart wristband powered by artificial intelligence, has raised $6 million (€5.1 million) in new funding, according to TechCrunch. EQT Ventures led the Series A funding round.
Seniors are the target demographic for the wristband, as it’s designed to improve the quality of their lives and make things easier for caregivers. The product is equipped with...
December 17, 2015
According to StartUp Health’s year-end report, digital health funding is down from 2014. It hit $5.8 billion so far this year, compared with $7 billion in 2014.
StartUp’s report paints this drop as a maturation of the market, contending that though funding has dropped it’s being invested more smartly. The year was dominated by bigger funding rounds at later stages: mid-stage and late-stage deal...
December 14, 2015
Venture funding in 2015 has reached $4.3 billion, right on track with 2014, according to Rock Health’s 2015 Year in Review report. There were 279 total deals this year and the average deal size was $15.6 million. Though the number of deals has decreased from last year, the average deal size is higher.
Rock Health only including funding deals that are above $2 million and the data is current as of...
June 17, 2015
San Francisco-based video visits company Doctor On Demand raised $50 million in a round led by Tenaya Capital with participation from new investors Qualcomm Ventures, Dignity Health, and 23andMe CEO Anne Wojcicki. Existing investors, Venrock, Shasta Ventures, and Sir Richard Branson also contributed. Doctor On Demand has raised more than $74 million in funding to date.
Doctor On Demand offers its...
June 2, 2015
Health data platform company BaseHealth raised $3.6 million, according to an SEC filing. BaseHealth has raised at least $9.1 million to date.
The company has developed a health assessment service, called Genophen, that payors and providers can offer to members and patients. The service can be added as a feature to a customer's existing health and wellness program.
BaseHealth's service collects...
December 16, 2014
Since 2010 Boston-based video visits company American Well has raised $81 million in a mix of equity, options, and securities, according to an SEC filing. According to the filing, the investment closes out a round of funding that included tranches in 2010 ($25 million from equity) and 2012 ($12 million more from equity). So the most recent funding apparently totaled $44 million (and included...
December 16, 2014
Taiwan-based iFit raised $3 million in a round led by Cherubic Ventures with participation from Yuan-Jin Capital, Sino Strategy Group, angel investor Alan Chien, and former manager of Lenovo Taiwan Ou Ming-Zhe, according to a post from TechCrunch. This brings the company's total funding to just under $4 million.
iFit has developed a website that publishes articles about nutrition and fitness....
December 15, 2014
Health system Texas Medical Center has partnered with investment firm Village Capital to launch a program for early stage digital health companies, called VilCap USA: Health IT 2014.
The program will offer accepted startups four "intensive" four-day sessions over the span of three months to work on developing their startups. Two of the sessions will be held in Houston, TX and the other two will...
December 11, 2014
New York City-based Kinsa Health has raised $9.6 million in a round led by Kleiner, Perkins, Caufield & Byers for its FDA-cleared smartphone-connected thermometer. Other investors in the round include FirstMark Capital and Andy Palmer. This brings the company's total funding to at least $11.6 million.
Kinsa’s thermometer, which was cleared in January, connects to a smartphone via the...
December 10, 2014
San Mateo, California-based Gamgee raised $4 million in a mix of equity and debt for its suite of patient engagement apps, according to an SEC filing. This brings the company's total funding to at least $6 million.
Existing investor Vinod Khosla was listed on the SEC document alongside Gamgee CEO and former Epocrates CTO Bob Quinn. The document also says there were a total of three investors that...